Nearing end of C leg of correction. 5 wave of the C leg, might scalp the last 5 wave with little position on puts.
But really just watching and waiting for a good long call entry with long expiration say 6months to year depending.
If that long term reversal is confirmed by seeing 1 wave with 2 wave correction that doesn't make lower low i'll be trading options
on the intraday, wk etc.
But really just watching and waiting for a good long call entry with long expiration say 6months to year depending.
If that long term reversal is confirmed by seeing 1 wave with 2 wave correction that doesn't make lower low i'll be trading options
on the intraday, wk etc.
Comment:
looks like 5 waves down should be coming either tomorrow or day after
Comment:
I think this is a longer blue 3 wave and we are seeing a 4 wave correction should see 5 wave down soon after this